Playtech PLC (LON:PTEC) declared a dividend on Thursday, February 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 2nd will be paid a dividend of €0.12 ($0.14) per share on Friday, May 31st. This represents a dividend yield of 2.83%. The ex-dividend date is Thursday, May 2nd. The official announcement can be seen at this link.
Shares of PTEC opened at GBX 400.90 ($5.24) on Thursday. Playtech has a 52 week low of GBX 670 ($8.75) and a 52 week high of GBX 1,020 ($13.33).
A number of research analysts have recently commented on PTEC shares. Credit Suisse Group dropped their price target on Playtech from GBX 550 ($7.19) to GBX 520 ($6.79) and set a “neutral” rating for the company in a research note on Tuesday, October 30th. Shore Capital restated a “buy” rating on shares of Playtech in a report on Monday, November 12th. Numis Securities restated a “buy” rating and issued a GBX 706 ($9.23) price objective on shares of Playtech in a report on Monday, November 12th. Canaccord Genuity decreased their price objective on Playtech from GBX 700 ($9.15) to GBX 630 ($8.23) and set a “buy” rating for the company in a report on Monday, November 12th. Finally, Barclays decreased their price objective on Playtech from GBX 575 ($7.51) to GBX 470 ($6.14) and set an “equal weight” rating for the company in a report on Wednesday, January 9th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 625.11 ($8.17).
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Playtech Plc develops and sells software products for the online and land-based gambling industries worldwide. The company operates through Gaming B2B, Gaming B2C, and Financial segments. It operates an online trading platform to retail customers, which enable them to trade contracts for differences on various instruments, such as foreign exchange, commodities, equities, and indices; and provides B2B clients with technology for liquidity and clearing.
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